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Showing posts from May, 2021

Story of IPL

Story of IPL Big sixes , fabulous Innings & matchless entertainment engaged with emotions this has been become the identity of worlds biggest cricket league 'IPL' . Indians doesn't see Cricket as emotion of sports but see also as festival . The Idea : You will shock after after knowing real fact behind the establishment of 'IPL' . Actual credit of starting League tournament of cricket should be given to chairman of essel  group , Subhash Chandra Goenka Subhash chandra formed the league tournament named Indian Cricket League  ( ICL ) in November 2007 . But The BCCI refused to recognise the ICL as a cricket league due to this , the ICL folded in 2009. This rival between Essel group's media entity Zee Entertainment Enterprise & BCCI lead to formation of 'IPL' . But BCCI caught the vein of tournament's commercial success & due to this now we calculate 'IPL' as one of the richest leagues in cricket & sports . Int...

What happened to Jack Ma ?

What happened to Jack Maa ? One of most Influential peoples from China , most outspoken person also founder of Alibaba INC has gone silent from few months . we are talking about Jack Maa who has been silent from past few couple of  months . His all events put on hold , Really what happened to Jack Maa ? From issue of Ant group's IPO he just made one single appearance in month of January . This all tragedy actually started from Ant Group's IPO . ANT Group ANT is an affiliate company of Alibaba , founded by Jack Ma in 2004 . This company owns worlds largest digital payments platform Alipay . It has over 900 million active users as of 2019 . Alipay has one handed monopoly in it's mainland China with over 55% market share in third - party payment market . ANT's IPO Ant's IPO we can highlight as 'Most Hot IPO' in human history till date . Company was hoping to raise $37 billion from the market & wants to list on shanghai and Hong Kong’s st...

How Mukesh Ambani revive world's oldest toy - store chain ?

 The story : Nearly 2 years ago , Asia's richest man Mukesh Ambani brought a company who was struggling to make profit from many years also was ridden in debt . The company was world's largest toy - store chain 'Hamleys' . Ownership of this struggling chain changed at least thrice & at last in 2019 , Ambani bagged company in all cash deal from a Chinese fashion retailer for about $89 million . After acquisition brands dominating strategy made chain put back on track of profit . They completely changed their strategy to make customers spend more . Their original customer is children , at 1st they targeted them . By opening Lavish outlates as well as stores famed as carnival like experience , also childs allowed to race toy cars ; this strategies directly hit the children . Why Ambani brought Hamleys ? Currently , Ambani eying on every profit making sector over his traditional oil & Chemical business . They actually bagged this brand to give stren...

Re - Birth Of Yes Bank

  Re - birth of Yes Bank  It has been more than one year to 'Crisis of Yes Bank' . The Incident of Yes Bank's 'Bad Loan' was eye - opening for india's whole banking system . When the incident was happened at that time 'Yes Bank' was India's One of largest private sector bank . Yes Bank's story doesn't end here ! Bank have too much potential . How? We will explain further... The story : In 1st week of March 2020 i.e. on 5th March RBI (Reserve Bank Of India) imposed a 30 day moratorium on Yes Bank due to , Bank's steady declining financial position . RBI also dismissed board of directors & told SBI (state Bank Of India) to pick 49% stake at price of Rs. 10 per share with Face value of Rs. 2 . Reasons Behind decline of 'Yes Bank' : Yes bank was given it's most of loan to Companies whose condition was already trapped in defaulting loans . These large corporate borrower's drowned ship of Yes Bank into larg...